Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
MasterCard introduces MasterPass supporting NFC, QR Codes
Posted on 26-Feb-2013 09:28 | Tags Filed under: News



MasterCard today introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

“Every device is becoming a shopping device,” said Ed McLaughlin, chief emerging payments officer, MasterCard. “MasterPass brings together all of the ways we pay for things, from traditional plastic cards to digital wallets, and gives consumers the ability to make a payment from wherever they are and with one simple experience.”

MasterPass is the evolution of PayPass Wallet Services, which was announced in May 2012 and has been in production trial with select merchants and issuers.

Consumers around the world will now be able to sign up for the service through financial institutions in Australia and Canada by the end of March, and in the United States and the United Kingdom later. Additionally, MasterPass availability in 2013 will expand to other markets worldwide, including Belgium, Brazil, China, France, Italy, Netherlands, Singapore, Spain and Sweden.

The MasterPass suite of services includes:

• MasterPass checkout services – to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. For online purchases, MasterPass provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase.

• MasterPass-connected wallets – to enable banks, merchants and partners to offer their own wallets. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust. The wallet is open, which means that in addition to MasterCard cards, consumers can use other branded credit, debit and prepaid cards.

• MasterPass value added services – to enrich the shopping experience before, during and after checkout. These will include more information like account balances and real-time alerts, loyalty programs, as well as Priceless offers and experiences.






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

2018 Census Q&A
Created by freitasm, last reply by chevrolux on 13-Dec-2017 20:32 (48 replies)
Pages... 2 3 4


Vodafone and my terrible experience
Created by Rudster, last reply by dejadeadnz on 11-Dec-2017 22:25 (20 replies)
Pages... 2


Kindle integration w/Auckland public libraries - advice sought
Created by Eurochild, last reply by JimmyH on 13-Dec-2017 21:19 (18 replies)
Pages... 2


Courier woes - what to do?
Created by redeye52, last reply by blakamin on 13-Dec-2017 19:23 (37 replies)
Pages... 2 3


Emergency water purification for family - alternates to lifestraw
Created by timmmay, last reply by Rikkitic on 13-Dec-2017 16:13 (17 replies)
Pages... 2


BBQ Tips and Tricks
Created by Goosey, last reply by Paul1977 on 13-Dec-2017 08:49 (47 replies)
Pages... 2 3 4


MacBook Pro - Graphics card failure - consumer law
Created by am289, last reply by Lias on 11-Dec-2017 14:14 (13 replies)

Paywave account selection
Created by Gordy7, last reply by MikeAqua on 13-Dec-2017 09:47 (22 replies)
Pages... 2